Kemao Environment Raises 200 Million Yuan to Overcome Waste Plastic Technology and Accelerate Globalization
When the global stock of plastic waste exceeds 2 billion tons and the annual increment is over 200 million tons, the pollution crisis caused by landfilling and incineration is becoming increasingly severe. Meanwhile, carbon emission reduction and circular economy policies have created a gap of tens of billions of dollars in the PCR (post - consumer recycled plastic) raw material market. Zhejiang Kemao Environmental Technology Co., Ltd. (hereinafter referred to as "Kemao Environment") is leveraging its original chemical recycling technology to close the loop from "waste plastics to high - value chemical raw materials" and has emerged as a game - changer in the industry. Kemao Environment's core competitiveness lies in two self - developed technologies: PTO (converting waste plastics to oil) and PTP (converting waste plastics to propylene), which form a technology matrix to meet different customer needs. This company, which has been deeply involved in technology for 16 years, is now launching an equity financing of 100 - 200 million yuan, planning to use the funds for technology iteration, factory construction, and global expansion, aiming to become an innovative leader in the global waste plastic chemical recycling industry.
Technological Advantages Address Industry Bottlenecks
Kemao's technology has leading advantages in the industry. At the raw material end, it has extremely strong adaptability to waste plastic recycling. There is no need for strict sorting and washing, and it can directly process mixed waste plastics and waste plastics from urban and rural household garbage containing impurities, which is a perfect fit for the current situation of mixed waste plastic disposal in China. In terms of production, both the product value and yield can reach high levels. The oil yield of the PTO technology reaches 80% - 90%. The pyrolysis oil with C5 - C22 produced can be used as raw material for food - grade PCR plastics, with a domestic selling price of over 5,500 yuan per ton and an international price exceeding 1,000 euros per ton. The propylene yield of the PTP technology reaches 45% - 50% (a globally leading level), and it can also simultaneously produce high - value chemicals such as propane, butane, and BTX, achieving a "purified and oil - free" all - chemical output. At the same time, Kemao's technology is safe, environmentally friendly, and has the advantage of low cost. The PTO technology uses a low - temperature and low - pressure process at 350 - 500°C, reducing energy consumption by more than half compared with traditional technologies. Non - heavy metal catalysts reduce the use cost. There is no open flame in the production process, waste water and gas are discharged up to the standard, and the residue contains no organic matter and does not need to be disposed of as hazardous waste.
Relying on more than 90 domestic patents and 25 international PCT patents, Kemao Environment has built an all - chain intellectual property protection network covering catalyst synthesis, process equipment, and waste recycling. Its original equipment and exclusive catalyst formula have solved the problems of insufficient reaction, high coking risk, and poor product quality in traditional technologies. The maximum annual production capacity of a single PTO production line reaches over 5,000 tons, laying the foundation for large - scale implementation.
Clear Business Model: Step - by - Step Profitability for Long - Term Growth
Based on the technological maturity and market demand, Kemao Environment has established a profit structure of "short - term cash flow + medium - term stable income + long - term global layout", precisely matching two core customer groups: domestically, it focuses on policy - driven solid waste disposal enterprises and petrochemical enterprises; internationally, it targets compliance - premium multinational petrochemical giants and brand packaging enterprises.
The global waste plastic chemical recycling industry is now enjoying double dividends from policies and demand. Europe requires that plastic packaging contain about 25% PCR components by 2025. The demand for food - grade PCR plastic packaging alone reaches 10 million tons, while the global pyrolysis oil production capacity is less than 30,000 tons per year, resulting in a huge supply - demand gap. In China, the "dual - carbon" policy and the construction of "zero - waste cities" are continuously advancing. Multiple ministries have issued documents to encourage the development of chemical recycling technologies, and the market is gradually entering an explosive period.
Kemao Environment's technology and products perfectly meet the market demand. For solid waste disposal enterprises, it can achieve the dual goals of "meeting environmental protection standards + increasing profits". For petrochemical enterprises, it can replace fossil resources with green raw materials, reduce costs, and meet compliance requirements. Compared with international competitors, Kemao Environment not only has leading technical indicators but also significant price advantages and local service capabilities. With the launch of its first commercial factory, it will further consolidate its leading position in the domestic industry.
Development Blueprint: From Domestic Leader to Global Leader
Kemao Environment plans to raise 100 - 200 million yuan through equity financing (the proportion of shares to be transferred is subject to negotiation). The funds will be invested in five major directions according to priority: R & D investment, factory construction, recruitment of high - end talents, construction of marketing system, and reserve working capital. The financing will be carried out in stages to ensure the capital needs of core projects and optimize the efficiency of capital use. For this purpose, Kemao Environment has formulated a clear three - stage development plan, demonstrating its investment value with clear growth targets. In the short term, it will complete the delivery of 3 technology licensing projects, achieve an annual revenue of 100 million yuan, and close the profit loop of "technology - equipment - service". In the medium term, it plans to deliver 10 technology licensing projects, build a global lighthouse factory for converting waste plastics to propylene, achieve an annual revenue of 4.5 billion yuan, and complete its domestic listing. In the long term, it is expected to deploy 30 projects in more than 10 countries around the world, process 3 million tons of waste plastics annually, reduce carbon emissions by more than 5 million tons, achieve an annual revenue of over 20 billion yuan, rank first in the Chinese market share, and become an innovative leader in the global industry.
Kemao Environment's core team has both industrial operation and technology R & D capabilities. The team has continuously iterated from the second - generation to the fifth - generation technology, and no core member has left in the past three years. Relying on more than a decade of industry experience and end - to - end technology integration capabilities, it is the key guarantee for the successful implementation of the projects.
Driven by the "dual - carbon" goal and global plastic pollution control, the waste plastic chemical recycling industry is on the verge of an explosion. With its breakthrough in bottleneck technologies, clear business model, and definite growth path, Kemao Environment has become a highly valuable investment target in the industry. This financing will accelerate the industrialization of technology and global layout, promoting the industry to enter a new stage of large - scale development. Interested investment institutions can contact the company to further discuss cooperation matters.